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2. Using the following information calculate the unknown figure in the table: 10 Marks Long term debt to net worth (equity) ratio: 0.5 to 1
2. Using the following information calculate the unknown figure in the table: 10 Marks Long term debt to net worth (equity) ratio: 0.5 to 1 Total assets turnover ratio 2.5 times Average collection period (DSO):18 Days Inventory turnover ratio: 9 times Gross profit margin: 10% Acid test ratio: 1 to 1 Cash Account Receivable Inventory Plant and equipment - - - - Notes payable Long term debt Common stock Retained Earnings Rs. 100,000 - Rs. 100,000 Rs. 100,000 Total Assets - Total Liabilities & Equity -
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